Fred M Teel Charitable Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Fred M Teel Charitable Trust is a 501(c)(3) organization based in Norwich, New York, registered in 1977, with $1,535 in FY2024 revenue. CharityIndex grades it F.
C/o Nbt Bank Na 52 S Broad St, Norwich, NY, 13815 EIN 15-6020508 Since 1977
Revenue (FY2024)
$1,535
▲ 18.8% vs prior year
Expenses (FY2024)
$4,518
Net assets
$44K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fred M Teel Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating118 mo reserves · -194% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fred M Teel Charitable Trust: 118 mo reserves · -194% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fred M Teel Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fred M Teel Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $3,624 (FY2013) to $1,535 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $44K
Operating margin
-194.3%
Spent more than it raised in the latest fiscal year.
Total assets
$44K
Total liabilities
$0
Net assets
$44K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,535▲18.8% | $4,518▼22.0% | $44,443▼6.3% | $44,443▼6.3% | 990PF |
| 2023 | $1,292▼26.9% | $5,792▲51.9% | $47,429▼8.7% | $47,429▼8.7% | 990PF |
| 2022 | $1,768▼78.1% | $3,812▼21.5% | $51,926▼3.8% | $51,926▼3.8% | 990PF |
| 2021 | $8,063▲210% | $4,857▲28.4% | $53,976▲6.3% | $53,976▲6.3% | 990PF |
| 2020 | $2,605▼29.7% | $3,782▼22.2% | $50,783▼2.3% | $50,783▼2.3% | 990PF |
| 2019 | $3,703▲67.9% | $4,863▼0.2% | $51,960▼2.2% | $51,960▼2.2% | 990PF |
| 2018 | $2,206▼44.9% | $4,875▼6.4% | $53,113▼4.8% | $53,113▼4.8% | 990PF |
| 2017 | $4,001▲62.8% | $5,208▼22.9% | $55,786▼2.2% | $55,786▼2.2% | 990PF |
| 2016 | $2,458▼0.5% | $6,759▲38.9% | $57,021▼2.6% | $57,021▼2.6% | 990PF |
| 2015 | $2,471▼77.8% | $4,865▼2.5% | $58,562▼8.1% | $58,562▼8.1% | 990PF |
| 2014 | $11,142▲207% | $4,991▲0.8% | $63,732▲10.7% | $63,732▲10.7% | 990PF |
| 2013 | $3,624 | $4,950▼0.1% | $57,581▼2.3% | $57,581▼2.3% | 990PF |
| 2012 | — | $4,957▲1.0% | $58,907▼4.2% | $58,907▼4.2% | 990PF |
| 2011 | — | $4,910▲6.4% | $61,520▼3.8% | $61,520▼3.8% | 990PF |
| 2010 | — | $4,613 | $63,947 | $63,947 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Fred M Teel Charitable Trust a legitimate nonprofit?
- Yes. Fred M Teel Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 15-6020508, based in Norwich, New York. Donations are tax-deductible.
- What is Fred M Teel Charitable Trust's EIN?
- Fred M Teel Charitable Trust's Employer Identification Number (EIN) is 15-6020508.
- How much revenue does Fred M Teel Charitable Trust report?
- Fred M Teel Charitable Trust reported $1,535 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Fred M Teel Charitable Trust have?
- CharityIndex grades Fred M Teel Charitable Trust F, based on financial health (reserves and operating margin).
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Data for Fred M Teel Charitable Trust (EIN 15-6020508) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.